Business
SBP launches SUNWAI – A facilitative portal for consumer complaints
In continuation of ongoing efforts to strengthen the banking sector’s efficiency and fairness in complaints handling and to address the issues faced by banking customers in complaints lodgment, the State Bank of Pakistan (SBP) has launched ’Sunwai’ – a customer complaint service portal and app. ‘Sunwai’ serves as a one-window operation for banking customers to…
PSX surges, exceeds 62,000 mark with 1,271-point gain
On Thursday, the Pakistan Stock Exchange (PSX) commenced trading with a positive trend, witnessing a significant intraday gain of over 1,000 points in the benchmark index. As per the PSX website, the KSE-100 index, listed as the benchmark, surged by 1,271 points, surpassing the 62,000 mark by 11:25 am and reaching a trading level of…
Ufone 4G & Huawei successfully deploy World’s first microwave super hub solution
Islamabad, December 28, 2023: In a groundbreaking collaboration, Ufone 4G and Huawei have unveiled commercial deployment of world’s first Microwave Super Hub solution, showcasing Huawei’s innovative feature of intelligent dynamic power control at large traffic hub sites. The genesis of the Super Hub stems from the challenges associated with the dense link deployment at hub…
Salt industry in Peril: Manufacturers seek urgent Govt’s intervention amid high freight costs and red sea crisis
Karachi, December 27, 2023 : The salt export industry in Pakistan is teetering on the brink of collapse, casting a daunting shadow over businesses, particularly within the salt sector. The Salt Manufacturers Association of Pakistan (SMAP) urgently calls for immediate government action to avert an impending disaster that could have far-reaching consequences for the industry….
Pakistan’s active taxpayer count surpasses 5.3 million
Islamabad, December 27, 2023 : The caretaker government’s initiatives are showing positive outcomes, with Pakistan’s active taxpayer count reaching 5.3 million, according to sources from the Federal Board of Revenue (FBR). According to the updated income tax Active Taxpayer List (ATL), individual taxpayers have reached 3.69 million, while corporate/association of persons (AOPs) have reached 1.67…